U.S. Chamber CEO warns against 'reshoring' too much supply back home from China

FILE PHOTO: President and CEO of the U.S. Chamber of Commerce Thomas J. Donohue gives a speech in a meeting at the American Chamber of Commerce of Mexico, at Club de Industriales in Mexico City, Mexico April 24, 2017. REUTERS/Henry Romero

President Donald Trump has long pledged to bring manufacturing back from overseas, but the recent spread of the coronavirus and concerns about dependency on Chinese imports have sparked new enthusiasm for the idea in the White House. They worry that extending “Buy American” rules to boost U.S. government buying of drugs and medical equipment could trigger retaliation by China and other countries, and jeopardize supplies of critically needed marks and other equipment.

Brilliant advice!!

Of course these crooks would say that.

Eat it cruster!

Build global supply chain elsewhere, India for example, who has similar value set as the U.S, doesn’t bullied Australia serve as a good enough example of what an evil CCP would do once given too much economic power? wake up!

China and the W.H.O. Lied MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY MANY PEOPLE DIED

Is this really the CEO or an alien?

It also means INFLATION for Americans. They won't enjoy those $2,000 iPhones so much.

No one said it would be easy. Just get it done.

One thing for sure, the overhead production costs of all American made products will be much higher due to high salary expense and in the end will impact selling price. This will make American products made in US soil can only be sold at home as it is not competitive outside US.

That’s China’s Regime’s game plan. Fall for it and USA will not be able to dodge bullets again. If USA people wanted to live under gagging orders, shutting up on seeing inhumanity. Kids not defending righteousness. The Independence Day was wrongly fought for.

The Chamber is nothing but rich people lining their pockets off of cheap foreign labor. Time to bring production home! I for one will pay more. Maybe if stuff is made here it will last longer than a week!

Why are we listening to men with one foot in the grave and the other in a banana peal?

The Chamber used to be pro-American business. Now they’re just a puppet of China also.

China bought him.

Who is this clown? That organization appears to suck

The investment from restoring production would be a major driver of pulling the west out of recession/depression

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